Hainan Airlines mulls stake in Malev Hungarian Airlines

Hainan Airlines Group is considering investing in financially troubled Malev Hungarian Airlines, according to an industry insider in China who said the Haikou-based carrier is in negotiations with the state-owned airline.

Hainan Airlines 737-800. Photo: By Rob Finlayson.
Hainan Airlines Group is considering investing in financially troubled Malev Hungarian Airlines, according to an industry insider in China who said the Haikou-based carrier is in negotiations with the state-owned airline. If successful, HNA would become the first Chinese carrier to invest in a European airline.
HNA signed a LOI with MA to deepen its cooperation and sent a group to negotiate with the Hungarian carrier. "HNA is in ...